Africa

South Sudan Hopes New Mining Law Will Unearth Treasuresi
X
June 01, 2013 7:13 PM
South Sudan won independence and vast oil reserves in 2011, when it split from civil war foe Sudan. As the rocky relationship with its northern neighbor jeopardizes oil exports, however, the new nation hopes a new mining law will attract foreign companies to unearth its mineral treasures and secure its future fortune. Hannah McNeish reports from the country’s 'wild east,' where thousands of people armed only with picks and pans are hunting for gold.

South Sudan Hopes New Mining Law Will Unearth Treasures

Published June 01, 2013

South Sudan won independence and vast oil reserves in 2011, when it split from civil war foe Sudan. As the rocky relationship with its northern neighbor jeopardizes oil exports, however, the new nation hopes a new mining law will attract foreign companies to unearth its mineral treasures and secure its future fortune. Hannah McNeish reports from the country’s 'wild east,' where thousands of people armed only with picks and pans are hunting for gold.


You May Like

Will Cuba Follow the Southeast Asia Model?

Decision to restore ties between US and Cuba has some debating whether it will lead to an enhancement or regression of democracy on the Communist island nation More

Kenyan Designer Finds Her Niche in Fashion Industry

‘Made in China’ fabrics underlie her success More

Report: CIA, Israel's Mossad Killed Senior Hezbollah Commander

The Washington Post story says Imad Mughniyah was killed instantly by a bomb "triggered remotely" from Tel Aviv by Mossad agents More